[AdvanceFund]

Is this 8 point fee on top of the 1.45-`1.50?

You said once to me thanks for the non sense

so I am just trying to understand

Do you get 1.50? like 4 months? then charge 8 points psf fee? on top of the additional underwriting fees that may be charged?

I tried answering the question as accurately as possible. We will edge the market. We are flexible but if a merchant is taking deals from others are 10% fee over 40 days why would we do 2% fees over 120 payments? But on deals that need large $ it works for everyone. We just funded a merchant 200k following a YS 60k. Three weeks later we added another 50k and potentially another 50k. He’s a great merchant with a great broker that we are happy to be flexible for.

So that being said - you can make 20pts on a 40k stack or 8-10pts on a 250k stack - where are you making more money and where is the merchant netting more money?

And if you still don’t like the math or the offer than go with the 40k or your best next offer. We don’t need apps to underwrite so we hope there isn’t too much risk in getting an offer from us. Many large funders and brokers are happy with us, make a lot of money quickly with us and fully trust us. But perhaps the way we work isn’t for everyone? Maybe give us a shot if you have something that falls in our box.